PANews reported on March 9 that according to Jinshi, the US BTC spot ETF market has seen capital outflows for four consecutive weeks. Farside Investors data shows that in the week ending March 7, the largest weekly capital outflows from ETFs include: Fidelity Wise Origin BTC Fund (FBTC) with a net outflow of $201 million, with 6 consecutive weeks of outflows. ARK 21Shares BTC ETF (ARKB) had a net outflow of $163.5 million. The iShares BTC Trust (IBIT) had a net outflow of $129.6 million. With the withdrawal of institutional investors, weak demand has disrupted the supply and demand balance of BTC, causing BTC to fall 8.76% in the past week.
The U.S. Bitcoin spot ETF market has seen outflows for four consecutive weeks
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